Economic Compensation Sample Clauses

Economic Compensation. 10.1 In the event that the Contract is terminated in any of the following cases, Party A shall, according to the years that Party B works with Party A and the 12-month average salary of Party B prior to the termination of the Contract, pay economic compensations to Party B at the rate of one-month average salary for each year and the period less than one year will also be deemed as one year, and no more than 12 months at most:
AutoNDA by SimpleDocs
Economic Compensation. To discharge or terminate the contract according to Item 46 of the labor contract law, Party A shall pay for Party B the economic compensation according to the Item 47 and Item 97 of the Labor Contract Law when Party B hands over the work.
Economic Compensation. If, during the term of this Labor Contract, Party A requests the termination of this Labor Contract (except in the situation specified in Section 10.2(a) herein), Party A must pay to Party B economic compensation in the amount equal to Party B’s 6-month’s pretax salary.
Economic Compensation. If the Company terminates this contract in accordance with Article 9.3 hereof or due to other reasons which results in payment of economic compensation, then the Company shall pay economic compensation to the Employee in accordance with the relevant state and Beijing provisions.
Economic Compensation. 11.1 Any and all economic compensation arising from the rescission or termination of the Agreement shall be subject to the relevant provisions of the Labor Contract Law of the People’s Republic of China.
Economic Compensation. Class Members will receive an automatic payment (“Automatic Payment”) based on the number of purchases each Class Member made for Hand Sanitizer Products; provided, however, that Class Members who lack Proof of Purchase will be limited to ten Automatic Payments.
Economic Compensation. All economic compensation amounts remain as stated in the 2017 through 2020 Agreement except that effective July 1, 2020, through June 30, 2021, the base salaries of bargaining unit faculty members employed in a Board- appointed faculty position by April 1, 2020, shall be reduced by 2.25
AutoNDA by SimpleDocs
Economic Compensation. (I) Under any of the following circumstances, Party A shall pay economic compensation to Party B:
Economic Compensation. 5.2.1 The employer shall compensate the employee, if the employee is prevent- ed from taking up employment or in any other way conducting or becoming involved in any other activities due to a non-competition clause.
Economic Compensation. When Party A terminates the Agreement with Party B, Party A should pay Party B for economic compensation in accordance with related regulations. Item 8 Punishment for Violation of the Agreement Subject to China’s Labor Law, if any party causes any damage to the other party for violation of the Agreement, it shall provide certain compensation.
Time is Money Join Law Insider Premium to draft better contracts faster.